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20121129
20121207
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English 25
Search Results 0 to 24 of about 25 (some duplicates have been removed)
FOX News
Dec 2, 2012 12:00pm PST
, saying that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obam
FOX News
Dec 3, 2012 3:00am PST
of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting president obama. >> gretchen: so now he and the rest of the costco board cashing in on that support, having voted to give them selves a special dividend to avoid the president's looming tax increase. so is this what the president means by tax fairness? the host of varney and company, stuart varney, is here. i'm so glad you're going to explain this because it is relatively complicated. what did they do? >> first of all, let me explain tax hypocrisy. here is how it works, the board of costco, which is headed by that gentleman, they vote themselves a special $7 per share dividend. he and his wife own 2 million shares of costco. so they ge
FOX News
Dec 5, 2012 1:00pm PST
calories. marie callender's. it's time to savor. >>eric: president obama taking the tax hike show on road to america's c.e.o. touting higher taxes today at a business roundtable. small businesses say the hikes he wants will kill jobs but at least one big business ain't buying it. here is what the fedex c.e.o. says, there is a lost mythology in washington, dc such as small business creates all the jobs in the united states, and if you raise the rates on the top 2 percent you kill jobs. the reality is the vast majority of jobs in the united states are produced by capital investment, in equipment, and software, that is not done by small business. try telling that to the owner of an auto mall on long island. small business owner, what do you think when you hear a big guy, big business guy like the fedex c.e.o. say i am not worried. >>guest: i disagree with fred smith. first of all, if you take the top 100 fortune 500 companies and added all their capital investment together, it would not, you would not scratch the surface compared to the capital investment, almost 18 million small businesses
FOX News
Dec 3, 2012 10:00am PST
tries new negotiation tack. not giving in. the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been arrogant since barack obama won in covering him and in covering in particular this fiscal cliff. tony, your thoughts. >> it could only be an msnbc anchor to take this long to figure out. there have been some media, the financial times which endorsed the president has called the president's bluff on this plan. they say this is the same proposal he put in front of congress that received zero votes a year ago, not even one democratic vote. but what the media has been doing is buying into this story line that president obama has some sort of mandate to do whatever
FOX News
Nov 29, 2012 3:00am PST
that president obama would offer mitt romney secretary of business. >> brian: that is. >> gretchen: that would be fantastic but i doubt it. >> brian: in reading his bio. one of the business mistake was working in the cabinet for president nixon. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give up. what their concessions will be. they don't want to go first. we are 33 days away from the official fiscal cliff and sailing off of it . in the washington post they describe a sense much gloom descending over the capitol, bowles meet and he sees one and three chance of an agreement before january. but mr. bowles had
FOX News
Dec 5, 2012 2:00am PST
from the irs heading your way all thanks to obama care. here i-94 to break them down for us is diane macedo from the fox business network. >> that's right. the irs is releasing the rules on how to implement the new taxes that will take effect in 2013 to help pay for the affordable care act. one of the main runs is 3.8 percent sir tax on the investment income. the first tax ever to be applied to capital gains and dividend income. it is a broad range of investment securities and those making thmore than 200,000 a ye and married couples making more than 250,000. they are set to pay a .9 percent healthcare tax on their wages. together the two taxes are supposed to raise 318 billion over ten years. over those years more and more people will be taking them because the income level triggered the taxes doesn't rise with inflation. any one planning to sell a house make more than 500,000 and those gains will also be taxed. they will release a new form for taxpayers to fill out. 1230 returns related to all of the new taxes. all of the rules make it harder for individuals to comply with the regu
FOX News
Dec 1, 2012 8:30am PST
cliff and the talks are at a stand still for president obama portrage republicans scrooges and the republicans are waiting for a serious proposal. pat buchanan wants the gop to stand firm with no new taxings. >> ditching the business tax for a national sales tax. it is spurring growth and putting people to work there. wayne would it work here? >> it is a sad day to think that we have to do something the communist china is doing . it worked very well and they have expand today to other provinces in china and it is working very, very well. yes. >> national sales tax does that work here, johnathon? >> it would. it is it fair and treats everyonely and easy to understand and more importantly taxes consumption and not production. the only thing i like about communist china is the chicken but the corporate next tax must go and think of how much more wealth and jobs we would have if it add more to the profits every year. >> julian, what do you make of >> the reason a national sales tax is good it is harder to cheat on and the reason it is it bad. economy growing at 2.4 percent. it
FOX News
Dec 6, 2012 12:00am PST
through college. they don't have to. their parents are loaded. thanks, obama. and secondly, i don't see what the big deal is. they are not busy updating their facebook page. they think they are doing something meaningful. en ma of the colleges respectfully declined their request to do this. i thought the only story here was that the endowment for harvard was over $30 billion. not million. billion. >> by the way, they are the ones who declined -- >> they did decline. all of the big ones declined. joy never has so much money been wasted on so much dorkery. if we had this money do you realize how much acid we could have bought? it is all microscopes and theorums. >> what would you use the as -- the acid for? >> to burn cars we don't like. >> all right, i don't think it is necessarily correct. just because they feel it is something meaningful that it is meaningful. lots of people in the world demand -- the last people in the world to demand anything are students who owe so much. >> how about they respond by saying we are going into winter reducing our use in the dormitory. >> you are so dev
FOX News
Nov 29, 2012 6:00am PST
clinton. monica crowley, fox news contributor. i it's the thing to do. you get a call. >> president obama has a pattern of inviting political opponents, business leaders to the white house for some sort of confab. what it kals end ends up being is a photo opportunity so he looks like he's extending himself to the opposition, he's bipartisan, and he is neither of those things. bill: would you accept that invite. >> i would accept in a heartbeat. bill: monica is saying nada on this. >> i would be more optimistic on this. we are groping for bi-partisanship. if governor romney has things to share and ways to bridge the fiscal cliff this is all good. bill: we went back to the vault to figure out what they are not going to talk about. we found this first of all, okay. i want you to listen to. roll it. >> i've been in business for 25 years. i have no idea what you're talking about. i had a friend who said you don't just pick the winners and losers, you pick the losers. bill: i've been in business 25 years. i've got no idea what you're talking about. >> actually those points may come up. bill: yo
FOX News
Dec 3, 2012 8:00am PST
is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising those tax rates. they are identified by marcus at countries job creators. >> for the first time in two decades, they are there will tell revenues go up as part is the plan. but they have to tell us what they're willing to
FOX News
Nov 30, 2012 8:00am PST
the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if you will in pennsylvania to sell his arguments. one would expect we would hear some sort of response from speaker john boehner after that. jon. jon: what are the democrats saying? i mean about these g.o.p. complaints? what is your response? >> reporter: they are saying republicans if you don't like the president's plan, where is your own plan? they are asking for specifics on revenue in terms of tax revenue. they are also asking for specifics on what republicans want to do to entitlements. house democratic leader nancy pelosi is not talking about more spending cuts. >> the president has been clear and we support him on holding firm to the 250 tax cuts -- expiration of tax cuts for people making over $250,000 a year. that would be part of a big, bold and balanced package that has big cuts. we've already voted for over a trillion dollars in cuts. revenues are needed and job creation is essential to reducing the deficit. >> reporter: now one weapon that the administratio
FOX News
Dec 2, 2012 8:00am PST
taxes on supposedly rich people, which are really small business people. but it is not going to do anything to grow the economy. here is what president obama needs. he has to make sure the economy grows. he will be a two-term jimmy carter if the economy goes back in recession and we can't pull ourselves out of this thing. >> eric: i heard you laugh, martin on the "two-term jimmy carter" line. >> he doesn't want to be a two-term george w. bush that took us in a steep recession. >> hey, you are the one with the bush tax cut. >> this can be worked out. everybody knows that. you can raise rates a point or two, that is not going to be end of the world. republicans understand that. let's get through with the fear we have had a couple of weeks of theater and let's get down to serious negotiations. i don't think the republicans want to fight to the death to protect tax breaks for the wealthy. that is not the message they want to send. they tried it during the election and they lost on that. >> eric: if i just interrupt, matt mentioned small businesses. let me read you this tough edtory fro
FOX News
Dec 4, 2012 12:00am PST
the business section. up and down i have so many stocks and stuff. >> say mutual funds. >> mutual funds and numbers. numbers. >> let me ask you, terry, is obama overreaching here? there is no reason to over reach here. except to beat the republicans. >> the got, their leadership they are damned if they do, damned if they don't. i know it sounds bad, walk away. you know what, walk away because you voted for him. this is what you want. this is what you get. the only way things will change in america is if there is national pain or sacrifice where people go, oh this isn't the way to do it. by the way, before you say the walk away trot out marco rubio and you can say this is what you wanted. talk to me in a couple years. >> how can you walk away? doesn't the whole country suffer if we go off this perverbial cult? it is not about the republicans and the democrats. isn't it about compromise? they are negotiating. they say the white house's solution is outrageous. he is flabbergasted. but it is negotiations. anybody who negotiates they always start off for far more than you expect to get. they
FOX News
Nov 30, 2012 7:00pm PST
business owners. i'm talking -- i'm taking last word on that sam. >> greta: thank you, sir. >> coming up president obama and john boehner both talking fiscal cliff. are they talking to each other? is anyone in washington talking to each other? our panel is here to talk about that next. >> one of our favorite videos of the year. back of the police car. he's back. you have to see what he has done now. stay tuned. ♪ ♪ ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that qua
FOX News
Nov 28, 2012 5:00pm PST
: that shouldn't be. that's not what we are in business to do here. >> let me make a bold prediction here. it's going to be barack obama. >> bill: yes, it will. that's what i said and you are right. if you agree with me you are right. this is what we should always -- >> i know how to works. [ laughter ] >> bill: he would have to be because the president overcame vast odds and shut have lost the election. let's be honest with the economic profile that we have and he won. did he something extraordinary and that i think has to be criteria. you can't discount psy. [ laughter ] there is a guy who has more than 800 million hits. >> tight race. >> bill: look at him. is that not the person of the year right there? i think the umbrella should get some mention, too. this is so insane. aren't we living in insane world? we don't have any leaders anymore there are no leaders anymore. they are all either idealogues or fighting. where are the problem solvers? where is lincoln? where is he? >> you know, i think a lot of the problem solvers just like you said in the beginning, they don't want to get into this
FOX News
Dec 6, 2012 8:00am PST
of town for a long weekend break. fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to underscore how they say tax rate increases will hit those business, jon. jon: are they still hung up on taxes? is that the big sticking point? >> yes. taxes are the key to this debate. republicans say they wil
FOX News
Dec 1, 2012 1:00pm PST
people n if it affects the economy, it facts everyone. and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do with the sense of lock box and where this money actually comes from and where it sits in the meanwhile before it gets spent. but i also think it's awfully important to remember that in terms of republican cooperation, the president really has been i think very sincere about seeking that cooperation and initially speaker boehner i think expressed with great sincerity his interest in cooperation. i dare s
FOX News
Dec 5, 2012 6:00am PST
missiles. bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is payi
FOX News
Dec 5, 2012 3:00am PST
it would hurt my business. it is a leap. it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were there to steer the conversation. >> brian: really? >> you're a very good leader. >> brian: thank you. you are a liar! >> steve: we'll be watching today. >> thanks. >> gretchen: coming up, leaks from inside the white house claim president obama is willing to take the nation over the fiscal cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a v
FOX News
Nov 30, 2012 3:00am PST
the last couple of weeks. going over the fiscal cliff is serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> the white house says they are willing to do tough things to compromise, so now it's time for republicans in washington to ask the wealthiest americans to pay higher tax rates. >> asking for a political price be paid in order for congress to do its job to insure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and it would be deeply irresponsible if we were to see that kind of approach taken again. >> today the president is going to take his case to the people of pennsylvania during a visit to hatfield and a road on group. it's the sole manufacturer of knex, which makes angry birds building sets. back to you. >> steve: all right. thank you very much. >> brian: it's unbelievable. the "washington post" says the offer la
Search Results 0 to 24 of about 25 (some duplicates have been removed)